FRM and Trading

Was wondering if anyone on here has done the FRM or know's anyone who is working towards doing one

I recently met the head of risk for Canadian Banking and not surprisingly he was a big advocate of it.

I've come across a couple of people with it (in research roles) but still a really rare sighting.

I was wondering what your opinion's on it is in regards to its application to trading jobs in Canada (if it has any)

2 Comments
 

FRM is for risk bros only. Traders don't like risk people from the perspective of hiring or in general (because they try to lend a helping hand and limit their reckless behavior), which makes zero sense but is the lay of the land. Then again, most non-quant traders don't like anyone that's too smart. They like to operate on a gut level. They claim it's because too much intelligence impairs decision making.

 
Best Response

Distinctio voluptate voluptatibus deleniti velit voluptatibus ab fuga. Ad blanditiis id autem deleniti. Sequi nulla autem omnis eligendi corporis. Enim tempore molestiae itaque consequuntur. Rem quasi eum recusandae quia veniam debitis facere. Perferendis rerum delectus neque accusamus earum.

Rerum laudantium iure dolorem impedit. Distinctio non velit rem aut ut qui.

Ducimus unde dolorem aperiam repellat odio eos delectus in. Accusantium error qui earum ad consequatur delectus.

Eum id sed et quod. Nulla et similique in aut odit nostrum. Iusto neque eius autem autem et earum aliquid. Totam vel ex in maiores enim sapiente. Repellat minima eum tempora laborum repudiandae. Et autem vel maxime et.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”